12pm update - its a nasty market

Mr Market is putting everyone through a washing machine on spin cycle today. We've seen two waves lower, and now a mini hyper ramp, with the indexes green, and the VIX -2%


trans'60min

Summary

Black wave'4 UP....now underway.
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That probably equates to sp'1365/70 by late today/early Monday.

I remain VERY content to watch this nonsense.

UPDATE 12.25pm   Well, a nasty opex bounce...and its probably annoying a lot of the bears, although they had TWO opportunities to exit this morning.

sp'daily5

I do not expect a move over 1370.

See transports hourly chart...black wave'5 could still take out todays low of sp'1343..Mon/Tue.

Good bears..should be patient.